$ADA /USDT – BEARS PRESSURE AS CARDANO RETESTS CRUCIAL SUPPORT!
Cardano is trading at $0.7743, pulling back after rejection near the $0.7941 high. The chart shows bears tightening control, with ADA hovering just above the $0.7720 support zone. A breakdown could expose $0.7540, while a strong rebound here may allow bulls to reclaim the $0.8060–$0.8350 resistance range.
Trade Setup:
Long Entry: $0.7700 – $0.7760
Take Profit (TP1): $0.8060
Take Profit (TP2): $0.8350
Stop Loss (SL): $0.7540
Short Entry (if $0.7720 fails): $0.7700 – $0.7740
Take Profit (TP1): $0.7540
Take Profit (TP2): $0.7350
Stop Loss (SL): $0.7900
Market Outlook:
ADA is in a make-or-break zone. A bounce could revive bullish momentum toward $0.80+, but losing the $0.77 floor would strengthen the bearish case and deepen downside. Volatility expected in coming sessions.
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